The Dow Jones Index tanked during the last hour of trading. Unfortunately, the 400 point drop in the Dow is just the beginning of a 50% correction-crash. However, as the Stock Market falls from its peak, the silver price is…

Link to slides and supporting sources: https://www.itmtrading.com/blog/insider-trading-oh-snap-whats-fed-hiding-now-lynette-zang/ Insiders have been busy leading up to February. In fact, Goldman Sachs reports that, during the recent stock rout, they had their busiest week ever as buybacks surged 4.5 times last years average…

President Trump suggested that arming teachers would be an effective method of preventing future school shootings while sitting down for a listening session on school shootings at the White House on Wednesday. “If you had a teacher who was adept at firearms, they could very well end the attack very quickly, and the good thing […]

CNN reporter Drew Griffin drove out to an elderly Florida woman’s home this week to badger her about Russian trolls who targeted the Facebook group she operates during the 2016 election. The woman, Florine Gruen Goldfarb, was unaware that her Team Trump Broward County Facebook page had been the target of Russian meddling efforts – a […]

Authored by Chris Hamilton via Econimica blog, As of the latest Treasury update showing federal debt as of Wednesday, February 15…federal debt (red line below) jumped by an additional $50 billion from the previous day to $20.76 trillion. This is an increase of $266 billion essentially since the most recent debt ceiling passage. Of course, this isn’t helping the […]

TV Reality Stars Gone Wild ? Porkins takes the first hour as we slog through the alleged alt. media and the strange ways people will flip their positions to serve emotional stupidity. How exhausted is everyone from the news cycles? D Second hour the News Vandal himself JP Sottile joins us to add much needed… […]

I have been warning about the “Everything Bubble” for the last several years, but the sheer enormity of this global bubble makes it difficult to encapsulate into a single article. As a result, I’ve found it’s easier to examine this bubble by breaking it down into its smaller, bite-sized components. In this piece, I will […]

Justin’s note: “Nobody's property is safe anywhere.” Doug Casey wrote that in a recent email he sent me. He was talking about one of Donald Trump’s latest executive orders. The order, signed in December, gives the US government power to block the property of persons “involved in serious human rights abuse or corruption.” That might […]

This post Turkey Will Be Ground Zero in the Next Global Debt Crisis appeared first on Daily Reckoning. Turkey is a beautiful country with a rich history including Greek, Roman and Muslim influences that make it one of the most fascinating places on Earth. It is literally a bridge between East and West: The mile-long […]

The 18-year-old Maryland high school student accused of taking a loaded handgun and knife to school in Montgomery County, Maryland, last week, had a weapons cache at his home, including an AR-15-style rifle, multiple grenades, a detonator for C4 land mines, more guns, tactical vest, and a list of grievances, prosecutors said. The incident occurred […]

In an announcement that, in many ways, mirrors the sudden departure of former Lululemon Chairman and CEO Laurent Potdevin earlier this month, Ford announced late Wednesday that Raj Nair, an executive vice president and the president of Ford North America, would be leaving “effective immediately” due to unspecified reports of “inappropriate behavior.” An internal review […]

This post is brought to you by Finbox.io. Sign up for your completely FREE trial today! Highland Capital released its quarterly 13F filing with the SEC on February 14th which highlighted a number of high yielding dividend stocks that the firm owns. Although Highland Capital and James Dondero may not be a household name, it’s […]

The Federal Reserve is ostensibly an independent agency of the government. Already it is beset by a contradiction. How can it be independent if it is otherwise an arm of the federal structure? It’s a problem beyond mere perception that officials have struggled to overcome since its inception. Between the Banking Act of 1935 that […]

Russiaphobia Is Out of Control Paul Craig Roberts As has been made perfectly clear, Mueller’s “indictment” of 13 Russians and 3 companies is just another hoax. See: https://www.paulcraigroberts.org/2018/02/16/result-muellers-investigation-nothing/ and: http://www.moonofalabama.org/2018/02/mueller-indictement-the-russian-influence-is-a-commercial-marketing-scheme.html All Mueller has found is a bait-click commercial marketing scheme that had nothing to do with election interference. Why is Mueller comfortable bringing a transparently […]

Southern Copper Corp was declared the winner on Tuesday of the Peruvian government’s first auction of the Michiquillay copper project, the first tender in nearly a decade. According to a statement by Southern Copper, controlled by conglomerate Grupo Mexico won the tender with a proposal to transfer $400 million to the government and pay 3% royalties. Southern Copper affirmed […]

Brazil’s Senate has overwhelmingly approved a military intervention in Rio de Janeiro that was first proposed by President Michel Temer last week – the latest step in the president’s crackdown on crime and social unrest ahead of a hotly contested local election coming later this year. As we noted last week, Temer is ordering the […]

This post Following “Hot Money” to Big Riches appeared first on Daily Reckoning. $2.8 million in just 48 hours. That’s how much one investor made just last month. Was it luck? Or did he know something most didn’t? Either way, there is no denying this person had great timing… There’s no better feeling than a […]

Update: It appears the algos read the hawkish-er comments finally… * * * As we detailed earlier, stocks, gold, and bonds are bid and the dollar is dumping as the market’s dovish reaction signals the Fed’s Minutes were not as hawkish as traders expected. The Dollar is the biggest mover for now… With Gold […]

Authored by David Stockman via Contra Corner blog, We have always heard that a determined government prosecutor can indict a ham sandwich, and now we know it’s true. After 38 years in the prosecution racket, Robert Mueller just made his biggest score ever—that is, he nailed a great big Nothingburger. But he also did a lot more than […]